Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
115 craven park road, london, N15 6BL
Website
-
advaprime limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of ADVAPRIME LIMITED at £4.3m based on a Turnover of £1.6m and 2.58x industry multiple (adjusted for size and gross margin).
advaprime limitedEstimated Valuation
£581k
Pomanda estimates the enterprise value of ADVAPRIME LIMITED at £581k based on an EBITDA of £115k and a 5.05x industry multiple (adjusted for size and gross margin).
advaprime limitedEstimated Valuation
£6.3m
Pomanda estimates the enterprise value of ADVAPRIME LIMITED at £6.3m based on Net Assets of £3.6m and 1.75x industry multiple (adjusted for liquidity).
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Advaprime LimitedOverview
Advaprime Limited is a live company located in london, N15 6BL with a Companies House number of 01876404. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 1985, it's largest shareholder is
westhall properties ltd
with a 50% stake. Advaprime Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Advaprime Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
4 Weak
Size
annual sales of £1.6m, make it larger than the average company (£918.1k)
£1.6m - Advaprime Limited
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4.9%)
13% - Advaprime Limited
4.9% - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (75.5%)
34.6% - Advaprime Limited
75.5% - Industry AVG
Profitability
an operating margin of 7% make it less profitable than the average company (29.4%)
7% - Advaprime Limited
29.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Advaprime Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
£32.3k - Advaprime Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £549.2k, this is more efficient (£177.7k)
£549.2k - Advaprime Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 118 days, this is later than average (30 days)
118 days - Advaprime Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is slower than average (38 days)
67 days - Advaprime Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Advaprime Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is more cash available to meet short term requirements (11 weeks)
17 weeks - Advaprime Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (64.5%)
21% - Advaprime Limited
64.5% - Industry AVG
ADVAPRIME LIMITED financials
EXPORT
Advaprime Limited's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £3.6 million. According to their latest financial statements, Advaprime Limited has 3 employees and maintains cash reserves of £66.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,647,579
1,386,659
1,290,238
1,132,483
1,314,872
476,129
430,878
469,777
888,462
959,298
919,510
905,927
790,279
607,706
605,155
Other Income Or Grants
Cost Of Sales
1,077,164
923,788
868,960
747,866
879,422
320,890
286,376
301,712
594,253
676,075
646,439
643,874
561,896
429,087
419,776
Gross Profit
570,415
462,871
421,279
384,617
435,451
155,239
144,502
168,065
294,209
283,223
273,071
262,053
228,383
178,619
185,380
Admin Expenses
455,630
318,236
338,905
310,002
402,458
147,460
143,118
169,408
292,051
272,897
265,318
233,914
226,605
171,344
35,236
Operating Profit
114,785
144,635
82,374
74,615
32,993
7,779
1,384
-1,343
2,158
10,326
7,753
28,139
1,778
7,275
150,144
Interest Payable
85,641
78,028
51,384
46,022
22,804
Interest Receivable
4,151
2,375
219
47
43
123
39
33
67
47
41
55
35
15
10
Pre-Tax Profit
33,295
68,981
31,209
28,641
10,232
7,901
1,423
-1,310
2,225
10,373
7,794
28,195
1,812
7,290
150,154
Tax
-8,324
-13,106
-5,930
-5,442
-1,944
-1,501
-270
-445
-2,178
-1,793
-6,767
-471
-2,041
-42,043
Profit After Tax
24,971
55,875
25,279
23,199
8,288
6,400
1,153
-1,310
1,780
8,195
6,001
21,428
1,341
5,249
108,111
Dividends Paid
Retained Profit
24,971
55,875
25,279
23,199
8,288
6,400
1,153
-1,310
1,780
8,195
6,001
21,428
1,341
5,249
108,111
Employee Costs
96,982
91,113
88,766
80,576
82,180
81,085
78,277
102,289
78,763
78,148
74,322
71,936
71,839
46,667
49,710
Number Of Employees
3
3
3
3
3
3
3
4
3
3
3
3
3
2
2
EBITDA*
114,966
144,875
82,694
75,042
33,563
8,538
1,721
-968
2,575
10,588
8,045
29,401
2,782
8,286
151,164
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
540
721
961
1,281
1,708
2,278
3,037
3,374
3,749
2,366
2,628
2,920
482,882
483,886
484,897
Intangible Assets
Investments & Other
3,973,440
3,973,440
3,973,440
3,973,440
3,890,000
3,133,646
3,133,646
3,102,091
3,060,000
3,060,000
498,857
498,857
Debtors (Due After 1 year)
Total Fixed Assets
3,973,980
3,974,161
3,974,401
3,974,721
3,891,708
3,135,924
3,136,683
3,105,465
3,063,749
3,062,366
501,485
501,777
482,882
483,886
484,897
Stock & work in progress
Trade Debtors
533,627
493,627
492,925
410,925
427,739
106,259
106,259
106,259
175,608
175,608
175,608
175,608
152,108
117,072
117,072
Group Debtors
Misc Debtors
Cash
66,913
91,206
20,541
37,740
56,860
29,533
3,166
12,522
13,598
13,089
5,697
10,521
11,602
2,241
3,884
misc current assets
total current assets
600,540
584,833
513,466
448,665
484,599
135,792
109,425
118,781
189,206
188,697
181,305
186,129
163,710
119,313
120,956
total assets
4,574,520
4,558,994
4,487,867
4,423,386
4,376,307
3,271,716
3,246,108
3,224,246
3,252,955
3,251,063
682,790
687,906
646,592
603,199
605,853
Bank overdraft
Bank loan
Trade Creditors
199,789
209,234
193,982
154,780
144,487
552,201
532,993
512,284
539,683
539,571
540,636
551,753
531,867
489,815
497,718
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
199,789
209,234
193,982
154,780
144,487
552,201
532,993
512,284
539,683
539,571
540,636
551,753
531,867
489,815
497,718
loans
761,250
761,250
761,250
761,250
747,663
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
761,250
761,250
761,250
761,250
747,663
total liabilities
961,039
970,484
955,232
916,030
892,150
552,201
532,993
512,284
539,683
539,571
540,636
551,753
531,867
489,815
497,718
net assets
3,613,481
3,588,510
3,532,635
3,507,356
3,484,157
2,719,515
2,713,115
2,711,962
2,713,272
2,711,492
142,154
136,153
114,725
113,384
108,135
total shareholders funds
3,613,481
3,588,510
3,532,635
3,507,356
3,484,157
2,719,515
2,713,115
2,711,962
2,713,272
2,711,492
142,154
136,153
114,725
113,384
108,135
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
114,785
144,635
82,374
74,615
32,993
7,779
1,384
-1,343
2,158
10,326
7,753
28,139
1,778
7,275
150,144
Depreciation
181
240
320
427
570
759
337
375
417
262
292
1,262
1,004
1,011
1,020
Amortisation
Tax
-8,324
-13,106
-5,930
-5,442
-1,944
-1,501
-270
-445
-2,178
-1,793
-6,767
-471
-2,041
-42,043
Stock
Debtors
40,000
702
82,000
-16,814
321,480
-69,349
23,500
35,036
117,072
Creditors
-9,445
15,252
39,202
10,293
-407,714
19,208
20,709
-27,399
112
-1,065
-11,117
19,886
42,052
-7,903
497,718
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
57,197
146,319
33,966
96,707
-697,575
26,245
22,160
40,982
2,242
7,345
-4,865
19,020
9,327
-1,658
489,767
Investing Activities
capital expenditure
-1,800
478,700
-485,917
Change in Investments
83,440
756,354
31,555
42,091
2,561,143
498,857
cash flow from investments
-83,440
-756,354
-31,555
-42,091
-1,800
-2,561,143
-20,157
-485,917
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
13,587
747,663
Hire Purchase and Lease Commitments
other long term liabilities
share issue
756,354
2,561,143
24
interest
-81,490
-75,653
-51,165
-45,975
-22,761
123
39
33
67
47
41
55
35
15
10
cash flow from financing
-81,490
-75,653
-51,165
-32,388
1,481,256
123
39
33
67
2,561,190
41
55
35
15
34
cash and cash equivalents
cash
-24,293
70,665
-17,199
-19,120
27,327
26,367
-9,356
-1,076
509
7,392
-4,824
-1,081
9,361
-1,643
3,884
overdraft
change in cash
-24,293
70,665
-17,199
-19,120
27,327
26,367
-9,356
-1,076
509
7,392
-4,824
-1,081
9,361
-1,643
3,884
advaprime limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for advaprime limited. Get real-time insights into advaprime limited's credit score, group structure and payment trends.
Perform a competitor analysis for advaprime limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in N15 area or any other competitors across 12 key performance metrics.
advaprime limited Ownership
ADVAPRIME LIMITED group structure
Advaprime Limited has no subsidiary companies.
Ultimate parent company
ADVAPRIME LIMITED
01876404
ADVAPRIME LIMITED Shareholders
The largest shareholders in Advaprime Limited include Westhall Properties Ltd and Mr Abraham Lew.
westhall properties ltd
50%
mr abraham lew
50%
advaprime limited directors
Advaprime Limited currently has 1 director, Mr Abraham Lew serving since Jun 1991.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 1985
age
40
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
VENITT AND GREAVES
auditor
-
address
115 craven park road, london, N15 6BL
Bank
-
Legal Advisor
-
advaprime limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 11 charges/mortgages relating to advaprime limited. Currently there are 2 open charges and 9 have been satisfied in the past.
advaprime limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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advaprime limitedCompanies House Filings - See Documents
